Grayscale Stellar Lumens Trust (Xlm) (GXLM) — SEC Filings
Grayscale Stellar Lumens Trust (Xlm) (GXLM) — 35 SEC filings. Latest: 8-K (Dec 3, 2025). Includes 24 8-K, 6 10-Q, 2 10-K.
View Grayscale Stellar Lumens Trust (Xlm) on SEC EDGAR
Overview
Grayscale Stellar Lumens Trust (Xlm) (GXLM) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-K filed on Nov 25, 2025: Grayscale Stellar Lumens Trust (XLM) filed its 10-K for the fiscal year ended September 30, 2025, revealing a market value of $36,893,428 for shares held by non-affiliates as of March 31, 2025, with 1,389,200 shares outstanding as of November 20, 2025. The Trust's primary purpose is to hold Stellar
Sentiment Summary
Across 35 filings, the sentiment breakdown is: 1 bullish, 1 bearish, 31 neutral, 2 mixed. The dominant filing sentiment for Grayscale Stellar Lumens Trust (Xlm) is neutral.
Filing Type Overview
Grayscale Stellar Lumens Trust (Xlm) (GXLM) has filed 24 8-K, 2 10-K, 1 8-K/A, 1 DEF 14A, 1 S-1, 6 10-Q with the SEC between Feb 2024 to Dec 2025.
Filings by Year
Recent SEC Filings (35)
Risk Profile
Risk Assessment: Of GXLM's 33 recent filings, 3 were flagged as high-risk, 16 as medium-risk, and 14 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.
Financial Highlights
| Metric | Value |
|---|---|
| Total Assets | $36,893,428 |
Key Executives
- Jed McCaleb
- Edward McGee
Industry Context
The digital asset market continues to mature, with cryptocurrencies like Stellar Lumens (XLM) vying for adoption in cross-border payments and tokenized assets. However, the sector remains highly competitive and subject to rapid technological advancements and evolving investor preferences. The primary advantage of XLM, facilitating cross-currency transactions, has not yet achieved widespread adoption, placing it in a challenging position relative to more established digital assets.
Top Tags
unregistered-sales (9) · trust-filing (8) · equity-securities (8) · Stellar Lumens (6) · Grayscale (5) · 10-Q (5) · Digital Assets (4) · governance (4) · 8-K (4) · cryptocurrency (4)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Aggregate market value of shares held by non-affiliates | $36,893,428 | As of March 31, 2025, indicating the public float's valuation. |
| Number of Shares outstanding | 1,389,200 | As of November 20, 2025, representing the total issued shares. |
| Aggregate market value of Stellar Lumens (XLM) | $11.6 billion | As of September 30, 2025, positioning XLM as the 16th largest digital asset. |
| Trust's holding of XLM in circulation | 0.4% | As of September 30, 2025, indicating a relatively small market influence. |
| Circulating supply of Stellar Lumens (XLM) | 31.9 billion | As of September 30, 2025, highlighting its significant supply compared to Bitcoin. |
| XLM's ranking by market capitalization | 16th | As of September 30, 2025, according to CoinMarketCap.com. |
| XLM burned by SDF | 55 billion | In November 2019, reducing total supply from 105 billion to 50 billion. |
| XLM held by SDF | 25 billion | As of November 2019, representing approximately 50% of the total supply after the burn. |
| Shares per Basket | 100 | The minimum block size for issuing new shares to Authorized Participants. |
| Effective date of fiscal year-end change | January 1, 2025 | The Trust's fiscal year-end moved from September 30 to December 31. |
| SEC File Number | 000-56434 | Identifies the specific SEC filing for the company. |
| IRS Employer Identification No. | 83-6545098 | Tax identification number for the trust. |
| Commission File Number | 000-56434 | Identifies the trust's SEC filing history |
| Shares Outstanding | 1,389,200 | As of the Record Date, September 25, 2025, each share is entitled to one vote. |
| Required Shareholder Consent | 50% | Each proposal requires consent from over 50% of outstanding shares; failure to object within 20 days is deemed consent. |
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Frequently Asked Questions
What are the latest SEC filings for Grayscale Stellar Lumens Trust (Xlm) (GXLM)?
Grayscale Stellar Lumens Trust (Xlm) has 35 recent SEC filings from Feb 2024 to Dec 2025, including 24 8-K, 6 10-Q, 2 10-K. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of GXLM filings?
Across 35 filings, the sentiment breakdown is: 1 bullish, 1 bearish, 31 neutral, 2 mixed. The dominant sentiment is neutral.
Where can I find Grayscale Stellar Lumens Trust (Xlm) SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Grayscale Stellar Lumens Trust (Xlm) (GXLM) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Grayscale Stellar Lumens Trust (Xlm)?
Key financial highlights from Grayscale Stellar Lumens Trust (Xlm)'s most recent 10-K include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for GXLM?
The investment thesis for GXLM includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Grayscale Stellar Lumens Trust (Xlm)?
Key executives identified across Grayscale Stellar Lumens Trust (Xlm)'s filings include Jed McCaleb, Edward McGee.
What are the main risk factors for Grayscale Stellar Lumens Trust (Xlm) stock?
Of GXLM's 33 assessed filings, 3 were flagged high-risk, 16 medium-risk, and 14 low-risk.
What are recent predictions and forward guidance from Grayscale Stellar Lumens Trust (Xlm)?
Forward guidance and predictions for Grayscale Stellar Lumens Trust (Xlm) are extracted from SEC filings as they are enriched.